Accounting

Explain, in one or two paragraphs, why some accounts need to be closed and others should not. Think about what would happen if the scoreboard were not cleared before the start of a new game? However, what if you had $1,000 in your bank account on December 31 and when you woke up on January 1 of the next year, the bank said you had $0?

Be sure to read your classmates’ responses and make insightful responses to at least two of their posts.